The Military Wallet

Personal Finance for Military, Veterans, and their Families

RSS Twitter Facebook LinkedIn
  • Home
  • About
    • Contact – Ryan Guina @ The Military Wallet
    • Archives
  • Podcasts
  • Benefits
    • Veterans Benefits Guide
    • VA Health Care Eligibility
    • Veterans Benefits Articles
    • GI Bill Articles
    • VA Loans Articles
    • VA Loan Rates – Purchase or Refinance
  • VA Disability
    • VA Disability Rates
    • How Disability Rates Are Determined
    • Can VA Reduce Your Disability Rating?
    • Add Dependents to Disability Claim
    • VA Disability & Retirement Pay
    • Concurrent Receipt
    • Combat Related Special Compensation
  • Military Money
    • Insurance
    • Investing
    • Military Money
    • Personal Finance
    • Military Retirement
    • Taxes
    • CD Rates – National High Yield Rates
    • Savings Account Interest Rates – Find the Best Savings Account for Your Needs
  • Discounts
    • Military Discounts Guide
    • Veterans Day – Free Meals
    • Military Discounts Category
    • Military Travel Discounts
    • Armed Forces Vacation Club
    • Home Depot and Lowe’s 10% Military Discounts
  • Thrift Savings Plan
    • How to Manage TSP
  • Subscribe
Home / Archives for Military & Veterans Benefits / Pay & Benefits
by Ryan Guina, Last updated: December 12, 2018

2019 Military Pay Charts – Officer & Enlisted Pay Scales (2.6% Raise)

The 2019 military pay charts go into effect on January 1, 2019. You will see the corresponding income in your first paycheck, which should arrive on January 15, 2019. Military members will receive a 2.6% annual cost of living adjustment. While this doesn’t sound like a huge raise, it is actually the largest military pay raise […]

by Ryan Guina, Last updated: January 16, 2019

2019 VA Service-Connected Disability Compensation Rates

The 2019 Cost of Living Adjustment for VA disability compensation of 2.8% is the largest COLA increase since 2012. This rate increase followed rate increase of 2.0% in 2018, 0.3% in 2017, and no rate increase in 2016. The following article explains VA Service Connected Disability Ratings, how VA disability compensation works and shows the 2018 […]

by Ryan Guina, Last updated: December 12, 2018

2018 Military Pay Charts – Officer & Enlisted Pay Scales (2.4% Raise)

The 2018 military pay charts go into effect on January 1, 2018. You will see the corresponding income in your first paycheck. Military members will receive a 2.4% annual cost of living adjustment. These military pay charts apply to all branches of the military, including Air Force, Army, Coast Guard, Marines, Navy, and the Reserve […]

by Kristi Muse, Last updated: October 4, 2018

Understanding Family Separation Allowance (FSA) Pay

Separation from dependents is an unfortunate aspect of the military lifestyle. Fortunately, if your dependents cannot live at or near your permanent duty station, you may be entitled to Family Separation Allowance (FSA). You can qualify for FSA payments whether inside or outside the United States. FSA payments don’t make up for separation from loved ones. […]

by Kristi Muse, Last updated: December 19, 2017

How Divorce Can Affect Your Military Pay

Divorce is an emotionally and financially trying time for anyone, civilians and military members alike. However, if you are a military couple going through a divorce, there are laws and factors unique to a military divorce that can affect how you split your assets, including your pay and eventually, your retirement pay. If you are […]

by Ryan Guina, Last updated: December 7, 2018

2019 Retired Military Pay Dates and Retirement Account Statements

As we wrote in our military pay date schedule, the first step in creating a budget is knowing how much you will be paid, and when. The good news is that retired military pay dates are easy to remember: you usually receive your pay on the first of the month. The only exception is when […]

by Ryan Guina, Last updated: April 4, 2018

Guard and Reserve Handbook – Pay, Benefits, & Career Information

The Air Force recently published the 2015 Guard & Reserve Handbook. While this is targeted at the Air Force, there is a ton of great information for anyone serving in either the Guard or Reserves. I’ll dive in and share a few things you can learn from this resource, including information on pay, benefits, and […]

by Ryan Guina, Last updated: April 4, 2018

Waiver of VA Compensation to Receive Military Pay – VA Form 21-8951

Members of the Guard or Reserves are eligible to serve if they have a VA service-connected disability, provided they are physically cleared. However, there is one big caveat: they are not able to receive VA compensation on the same day they receive military pay. To serve again, you will be required to waive either your […]

by Ryan Guina, Last updated: December 8, 2018

Surviving a Military Paycheck Error – How to Resolve Pay Problems and Get Through a Cash Crunch

No system is perfect. Especially complex systems managing hundreds of thousands of unique inputs and outputs on a biweekly basis. Inputs and outputs that frequently change based on dozens of different factors that can change at a moment’s notice. Of course, the system I’m referring to is the military pay system. I’m sure you guessed […]

by Ryan Guina, Last updated: January 9, 2019

2019 Military Pay Dates – Active Duty, Guard, and Reserves

One of the first steps in creating a budget is knowing how much money you have coming in, and when. That’s why it’s important to know when you get paid. In general, military pay dates are easy to remember: you usually get paid on the 1st and 15th of each month. Note: Retired military members […]

  • 1
  • 2
  • 3
  • 4
  • Next Page »

Join Our FREE Newsletter!

Popular Articles

  • Veterans Service Organizations - VA Benefits Claims Help
  • Home Depot and Lowe's 10% Military Discounts
  • Free Tax Filing and Preparation for Military Members
  • Unemployment Benefits After Separating from the Military

Categories

Military Benefits – ID Cards

  • Veterans Benefits Guide
  • How to Get a Military ID Card
  • How to Get a Veterans Identification Card from the VA
  • Veterans Designation on Drivers Licenses
  • How to Replace Lost Military Service Records
  • How to Replace Lost Military Medals, Awards, and Decorations
  • Thrift Savings Plan
  • New Military Retirement Plan Benefits? Big Changes Proposed

Recent Articles

  • Flagstar Bank Review| Tailor-made Home Loans
  • J.G. Wentworth Review| Streamlined Home Loans
  • loanDepot Review- Competitive Rates and Quick Service
  • H&R Block Review – Features, Fees, and Military Discounts
  • ezTaxReturn Review – Software for Simple Tax Returns
Copyright © The Military Wallet 2007 - 2019 All Rights Reserved. About | Contact | Privacy Policy | Advertising Policy | Sitemap
*General Disclaimer: TheMilitaryWallet.com is not connected with the Department of Veterans Affairs or any government agency and is for informational and entertainment purposes only. The content on this site should not be considered professional financial advice. *Editorial Disclaimer: References to third party products, rates, and offers may change without notice. We may receive compensation through affiliate or advertising relationships from products mentioned on this site. However, we do not accept compensation for positive reviews; all reviews on this site represent the opinions of the author. *Advertising Disclaimer: The credit card offers that appear on this site are from credit card companies from which we receive compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.